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Toubani Resources Ltd T.TRE


Primary Symbol: TOUBF

Toubani Resources Ltd is an Australia-based exploration and development company. The Company is focused on advancing gold development projects with its oxide dominant Kobada Gold Project. The Kobada Gold Project is located in southern Mali, approximately 125 kilometers (kms) on a straight-line south-southwest of the capital city, Bamako, and is situated adjacent to the Niger River and the international border with Guinea. The Kobada Gold Project is based on one mining exploitation permit (Kobada) of 136 square kilometers (km2) and two exploration permits (Faraba and Kobada Est) of 77 km2 and 45 km2. The Kobada main deposit hosts 2.4 million ounces (Moz) of predominantly free-dig, oxide gold over a strike extent of 4.5 kilometers, which is also open at depth with mineralization open down dip. Toubani Resources Mali SARL is the wholly owned subsidiary of the Company.


OTCPK:TOUBF - Post by User

Bullboard Posts
Post by Preteriston Jul 06, 2011 7:48am
281 Views
Post# 18799772

No Analyst Tour

No Analyst TourAs strapper has correctly informed us (I apologize, strapper), the tour has been postponed. This is what the Sino website says:

18–22 July 2011

2011Plantations Tour– please note this tour has beenpostponed until further notice

I find it very strange that the postponement was not accompanied by an explanation.  More poor investor relations.  Once the media gets a hold of this postponement, it will be spun in a most negative way.  Sino Forest PR and IR seems to be absolutely clueless as to what is going on and the effect that there words have.

I also find it very odd that personal email responses received from David Horsley stating that the tour is "in its final planning stages" and that "many analysts have been contacted" is now suddenly postponed WITH NO EXPLANATION.

Utter stupidity on behalf of Sino Forest!  I am out at the open until Sino Forest can gain some semblance of reality...

Bullboard Posts